The Rise Of BESS: The ‘Age of Batteries’ Draws Closer Updated On Fri, Sep 6th, 2024 by Saurenergy BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […] Read more
Honeywell Commissions Microgrid BESS At Lakshadweep Updated On Fri, Sep 6th, 2024 by Saurenergy Honeywell Automation India Limited (HAIL) has successfully delivered and commissioned a cutting-edge Battery Energy Storage System (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This marks India’s first on-grid solar project to incorporate BESS technology. The Lakshadweep Islands project is a significant step toward the decarbonization of energy supplies […] Read more
For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF Updated On Thu, Sep 5th, 2024 by Saurenergy The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […] Read more
Zetwerk Crosses Key Milestone with ARAI Certification For Its Fast Chargers Updated On Thu, Sep 5th, 2024 by Saurenergy Contract manufacturing specialist Zetwerk has announced a significant milestone for its EV charging manufacturing operations. With the approval of its 60kW and 120kW DC fast chargers by the Automotive Research Association of India (ARAI), the firm can start delivering these to clients. This certification thus is a key step forward in ZETWERK’s plans forthe EV […] Read more
IEX’s August Power Market Update Updated On Wed, Sep 4th, 2024 by Saurenergy The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […] Read more
Spain Picks South Korea’s H2 Inc For Largest Vanadium Flow Battery Project Updated On Tue, Sep 3rd, 2024 by Saurenergy South Korean energy storage firm H2, Inc. will deploy a 1.1MW/8.8MWh vanadium flow battery (VFB) system in Spain. This is the largest VFB project in Spain. The project to be commissioned by Spain government’s energy research institute, CIUDEN, is a Public Foundation for energy research depending on Spanish Ministry for Ecological Transition and Demographic Challenge, aims to deploy a […] Read more
Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN Updated On Mon, Sep 2nd, 2024 by Saurenergy In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […] Read more
Reliance To Boost Solar Manufacturing, AI-Led Green Data Centers Updated On Fri, Aug 30th, 2024 by Saurenergy At Reliance Industries’ 47th Annual General Meeting (AGM) in 2024, Mukesh Ambani and his team outlined the company’s ambitious plans for the future, which included the focus on green and renewable energy and the sustainable growth sector. This article outlines the highlights from the speech and Reliance’s plans toward sustainable development. Commitment to Green Energy […] Read more
MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years Updated On Fri, Aug 30th, 2024 by Saurenergy Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […] Read more